Insider Buying: Dream Office Real Estate Investment Trst (TSE:D.UN) Senior Officer Acquires 148,600 Shares of Stock

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) Senior Officer Dream Asset Management Corporation purchased 148,600 shares of the firm's stock in a transaction dated Wednesday, April 10th. The shares were bought at an average price of C$20.71 per share, with a total value of C$3,077,089.92.

Dream Office Real Estate Investment Trst Stock Down 10.0 %

Shares of D.UN stock traded down C$2.00 on Monday, hitting C$18.07. 74,963 shares of the stock were exchanged, compared to its average volume of 67,903. The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 111.93. The firm has a market capitalization of C$294.72 million, a P/E ratio of -5.21 and a beta of 1.19. The business has a 50-day moving average of C$14.41 and a 200 day moving average of C$11.22. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.50 and a fifty-two week high of C$30.42.

Analysts Set New Price Targets

D.UN has been the subject of a number of recent research reports. National Bankshares increased their target price on Dream Office Real Estate Investment Trst from C$8.50 to C$11.00 and gave the stock a "sector perform" rating in a report on Monday, January 29th. Royal Bank of Canada dropped their target price on Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a "sector perform" rating for the company in a report on Friday, February 23rd. Canaccord Genuity Group dropped their target price on Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a "hold" rating for the company in a report on Friday, February 16th. Scotiabank dropped their price target on Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a "sector perform" rating for the company in a report on Thursday, February 22nd. Finally, TD Securities cut Dream Office Real Estate Investment Trst from a "buy" rating to a "hold" rating and raised their price target for the company from C$18.00 to C$21.00 in a report on Wednesday, April 10th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Dream Office Real Estate Investment Trst presently has a consensus rating of "Hold" and a consensus target price of C$13.00.

About Dream Office Real Estate Investment Trst

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.